T3 Defense (DFNS) Operating Expenses (2019 - 2026)
T3 Defense (DFNS) recorded quarterly Operating Expenses of $4.2 million in Q1 2026, up 298.93% quarter-over-quarter from $1.0 million in Q2 2025, and up 177.5% on a YoY basis from $1.5 million in Q1 2025.
T3 Defense (DFNS) Operating Expenses (2019 - 2026) Analysis & Trends
T3 Defense's Operating Expenses history runs 8 years deep, the most recent figure standing at $4.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 177.5% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $5.2 million (up 40.41% YoY), while the FY2025 annual figure was $32.6 million, up 620.44% from the prior year.
- Operating Expenses was $4.2 million for Q1 2026 at T3 Defense, up from $1.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $9.4 million in Q4 2023 to a low of $116668.0 in Q3 2023.
- Historically, Operating Expenses has averaged $1.8 million across 5 years, with a median of $1.1 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 75.74% in 2023, then soared 918.86% in 2024.
- A 5-year view of Operating Expenses shows it stood at $1.1 million in 2022, then surged by 769.61% to $9.4 million in 2023, then tumbled by 87.36% to $1.2 million in 2024, then declined by 11.81% to $1.0 million in 2025, then surged by 298.93% to $4.2 million in 2026.
- The last three Operating Expenses figures came in at $4.2 million (Q1 2026), $1.0 million (Q2 2025), and $1.5 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.85 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 10.18 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 19.59 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.10 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 120.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 12.06 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 8.89 Bn |
| 10 | T3 Defense | 6.04 Mn | 5.64 Mn | 371,000.00 | 4.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.18 Mn |
| Jun 30, 2025 | 1.05 Mn |
| Mar 31, 2025 | 1.51 Mn |
| Sep 30, 2024 | 1.19 Mn |
| Jun 30, 2024 | 1.03 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 9.41 Mn |
| Sep 30, 2023 | 116,668.00 |
| Jun 30, 2023 | 1.05 Mn |
| Mar 31, 2023 | 954,326.00 |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 480,867.00 |
| Jun 30, 2022 | 144,590.00 |
| Mar 31, 2022 | 469,271.00 |
| Sep 30, 2021 | 153,337.00 |
| Jun 30, 2021 | 28,567.00 |
| Mar 31, 2021 | 78,411.00 |
| Dec 31, 2020 | 100,584.00 |
| Sep 30, 2020 | 47,262.00 |
| Jun 30, 2020 | 40.00 |